Modern Water (LON:MWG) Share Price Passes Below 200-Day Moving Average of $2.35

Modern Water Plc (LON:MWG)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $2.35 and traded as low as $1.20. Modern Water shares last traded at $1.25, with a volume of 928,139 shares.

The business’s 50-day moving average is GBX 1.40 and its two-hundred day moving average is GBX 2.35. The company has a current ratio of 1.13, a quick ratio of 0.53 and a debt-to-equity ratio of 40.28. The stock has a market capitalization of $1.42 million and a PE ratio of -0.63.

About Modern Water (LON:MWG)

Modern Water plc owns, develops, and supplies technologies, products, and services to address the availability of fresh water, and for the treatment and disposal of wastewater worldwide. The company operates in two segments, Membranes and Monitoring. It owns, installs, and operates water and industrial water treatment membrane solutions and products, including membrane brine concentration technologies; multi stage flash desalination plants; forward osmosis desalination plants; evaporative cooling systems; and enhanced oil recovery and hydro osmotic power applications.

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